2 weeks ago
19
Key Takeaways
- SUI at $1.0912, down 0.77%, MA50 at $0.9690, MA100 at $0.9595.
- MA200 at $1.2947: overhead resistance, $0.2035 above current price.
- RSI at 53.82, signal at 62.88: 9.06 point spread, momentum softening.
- Whale orders densest in $0.90–$1.00 zone: CryptoQuant order size data.
- MA50 and MA100 both sit inside the whale accumulation zone.
What the daily chart shows after the spike
The SUI/USDT daily chart tells the story of the past week in two phases: a sharp rally to approximately $1.45 around May 9–10, followed by a sequence of declining red candles returning price toward current levels. The spike produced the largest volume bar visible on the chart, and the subsequent decline has been accompanied by decreasing volume from the spike level, consistent with a correction rather than a reversal.
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